NEW YORK, Jan 27 (Reuters) – A potential U.S. recession and tough comparisons to a stellar 2022 are weighing on the prospects of energy stocks delivering an encore to last year’s stunning run, despite valuations […]
By Josh Owens of Oilprice.com, Europe is buying more diesel from the United States and Saudi Arabia in preparation of the EU ban on seaborne imports of Russian refined products, yet Europe still remains the […]
Copper price fell on Friday as a week-long holiday in China paused a rally that was fuelled by demand prospects in the world’s biggest consumer. Copper for delivery in March fell on the Comex market […]
Authored by Julianne Geiger via OilPrice.com, AAA: gasoline prices continue to climb throughout the U.S. Gasoline prices are up 11.8 cents over a week ago. Gasoline prices are rising along with the rise in WTI […]
Monday’s furious rally, which among other things was facilitated by the Sunday report from WSJ Fed mouthpiece Nick Timiraos that a 25bps Feb 1 rate hike by the Fed is a done deal, hit an […]
Authored by Richard Lyon via DailySceptic.org, Suppose that Scotland’s CO2 emissions fell tomorrow to zero, i.e., that, at midnight, the country ceased to exist. Then according to the “Model for the Assessment of Greenhouse Gas […]
Authored by Jack Phillips via The Epoch Times, Two top economists said that despite contrary predictions, a recession will likely hit the United States in the near future. “Some economists argue that the strength of […]
US equity futures dipped ahead of the MLK day holiday, while global equities were little changed after their best start to a year in a generation as investors assessed whether the recent torrid rally has […]
Copper prices paused their rally on Friday but were set to end the week with a 6.6% gain on hopes that a weaker dollar and China’s dismantling of covid-19 restrictions will lift demand. China’s zero-covid […]
The PC bust cycle will extend well into 2023 and might not see a turnaround until 2024. The pandemic-era demand has mostly evaporated as consumers and companies delay purchases. The hangover for the PC market […]
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